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Essay / Research Paper Abstract
This 16 page paper examines some of the issues surrounding the gap between the rich and poor in India, including the growth of the Indian economy; its skilled urban workforce; and political concerns. Bibliography lists 11 sources.
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16 pages (~225 words per page)
File: D0_HVIndaRv.rtf
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at an astounding rate. This paper explores the widening gap between the upper class and the poor in India. Discussion The figures are startling and depressing: the bottom half of
the worlds population owns only 1.1 percent of the globes wealth and the net worth of the "worlds typical person" was less than $2,200 (Porter C.3). India and China are
often compared since both have rapidly growing economies, and Porter does so here. He notes that despite their growth, China, which is home to "a fifth of the worlds population,
had only 2.6 percent of the worlds wealth. And India, with 16.8 percent of the worlds people, accounted for only 0.9 percent of the worlds wealth" (Porter C.3). Furthermore, inequality
in both countries is growing rapidly; as millions of Indians climb out of poverty, "they are leaving tens of millions of less fortunate ... Indians behind" (Porter C.3). Although this
means that wealth within India will continue to be even more unevenly distributed than it is now, globally the upward movement of these millions into the middle class "will actually
make global wealth distribution more equal than it was before" (Porter C.3). Another source agrees with this double-pronged effect: "... the Asian Development Bank (ADB) says the number of
people in Asia living on less than $1 a day fell by 223 million between 1990 and 2002" (Montlake 06). China accounted for most of those who moved out of
poverty; but India is the opposite, where the "growing gap is particularly evident" (Montlake 06). The exploding Indian software industry "has sprouted office towers and gated communities, while the number
of people living on under $2 a day actually rose 17 percent to 840 million through 2002" (Montlake 06). But even as the urban middle class has expanded throughout Asia,
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